FirstEnergy (FE) Tops Q1 EPS by 2c
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Amortization of regulatory assets: 98M
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FirstEnergy (NYSE: FE) reported Q1 EPS of $0.67, $0.02 better than the analyst estimate of $0.65. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.95 billion.
"We are pleased with our solid first quarter results, which reflect the continued success of our regulated strategies," said Charles E. Jones, FirstEnergy president and chief executive officer. "We are off to a great start for the year, and we are well positioned to continue meeting our commitments to investors, including our compound annual growth rate of 6 to 8 percent."
For earnings history and earnings-related data on FirstEnergy (FE) click here.
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